Corn - H&S target reached. Watching for LONG sign

EUR/USD shooting star & USD/JPY Weekly Inverted Hammer and Daily Hammer plus Divergence

行情在半信半疑中成长

I have not been updating my blog since January.  MIA, where have I been?  Well, I went for baking and pastry courses.  Currently taking a break.  Therefore, been able to squire out some of my times to update my trading and investment blog.

I knew that a lot them have been waiting for the market to crash.  However, it did not.  Instead it kept going higher and higher.  Why?

Now, ask yourself - are you a retail trader / investor or big boy?  If your answer is retail then please think and act differently from the rest.  

Let's go back to my last post.  I mentioned two important things -

1. Big boys classify into 3 categories - 主力， 大户 和 法人。
2. The market is in the progress of 拉高

Today, I give you guys another 3 more sentences:-

• 行情在绝望中诞生
• 在半信半疑中成长
• 在全面欢乐中毁减

During Brexit and US election, everyone thinking that the market will collapse if Brexit exit and Trump got selected.  You guys knew the results and of course how market reacted.  This was what I so called 行情在绝望中诞生。And who came in?  Yes, the big boy 主力。

So where are we now?  What we saw over the past eight months were 行情在半信半疑中成长。  Retail traders/investors including your so called guru, been looking for the market to crash !  Guys, past eight months, did you see 行情 在全面欢乐中？ Did everyone go crazy and show much confidence on the market?

Trade what you see and not what you think neither others think nor telling you.  Never listen to others.  Remember this -  market only 10% of the investors/traders are winning $$$$.

Big picture, the US markets up trend is still intact.  Having said that, I am watching carefully for the decelerating channel and wave flip.  And Russell has been rebounded at the major support.  

Others markets like the Europe - DAX and CAC at decelerating channel and FTSE at the sideway market.  Asia market - Nikkei testing first major support, China A50, Hang Seng and Taiwan testing their resistant.  Watch for divergence at the same time.  Basically all the market currently are testing something.  So trade what the markets are going to tell.  And make sure you know where are your risks and rewards.  Last but not least, not forgetting to observe what is happening to your surrounding.  Remember the 3 sentences that I share in today post.